11

Facilities and Equipment

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Your e-mail address:
Address you wish to send the results to:

MATERIALS MANAGEMENT

  1. What raw materials will you need to produce your product or service? (raw materials are materials to be processed or fabricated into finished goods - e.g., fabric to make clothing)
    RAW MATERIAL SUPPLIER CONTRACT
    IN PLACE
    YEARLY
    COSTS
    Yes  No
    Yes  No
    Yes  No
    Yes  No
    SUBTOTAL, Raw Materials $
  2. What subcomponents and supplies will you need? (subcomponents are parts needed to produce a finished component or product for sale - e.g., nuts and bolts to assemble the product)
    SUBCOMPONENTS SUPPLIER CONTRACT
    IN PLACE
    YEARLY
    COSTS
    Yes  No
    Yes  No
    Yes  No
    Yes  No
    SUBTOTAL, Subcomponents $
  3. What packaging, shipping and other supplies will you need?
    OTHER SUPPLIES SUPPLIER CONTRACT
    IN PLACE
    YEARLY
    COSTS
    Yes  No
    Yes  No
    Yes  No
    Yes  No
    SUBTOTAL, Other Supplies $
                            ESTIMATED ANNUAL COST, Materials & Supplies $

INVENTORY MANAGEMENT

  1. What methods and information systems will you use to manage your inventories of materials, subcomponents, supplies, and finished goods to minimize costs and maximize profitability?
  2. How long will it take to obtain materials and supplies?
  3. What is the minimum inventory of raw materials and subcomponents you will stock to maintain required production levels?
  4. How long will it take to produce finished goods?
  5. Will your goods be made to order or made to stock?
  6. If you plan to stock goods, what storage considerations will you have?
  7. What is the minimum quantity of finished goods you will need to stock at all times to fulfill customer orders?
  8. How will up-to-date information on sales be conveyed so that production and purchasing managers can respond in time to meet orders?
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Northern Initiatives can be contacted at (906)228-5571

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